Accountancy, asked by cassiatifa04, 11 months ago

Occasionally, a lease agreement includes a guarantee by the lessee that the lessor will recover a specified residual value when custody of the asset reverts back to the lessor at the end of the lease term. Under what circumstance can the guaranteed residual value influence the amounts recorded by the lessee and lessor? In that circumstance, how are the amounts affected? 

Answers

Answered by stargirl11
0

Answer:

bt what is the ques tion

Similar questions